Legendary Afro-pop, Highlife and Reggae musical artiste Kojo Antwi, has added his voice to the E- Levy bill conversation.
According to Mr music man, the timing for the introduction of the E-Levy bill is not right and it will be a big blow to some Ghanaians if it is implemented.
He further urged the government to find different ways of raising revenue to develop the country, by taxing foreigners who are doing businesses in Ghana.
“We pay a lot of taxes. I think the government must find ways of taxing a whole lot of different things,” he said.
He continued that “do you know how many Togolese are here working on buildings? … you know we love building houses…we now have Nigerians here doing designs on buildings [but] we don’t tax them…”
“ECOWAS protocols allow them to be here and work there’s nothing wrong with it but how do we tax them? Find a way to tax them because they charge huge amounts,” he added.
Electronic Transaction Levy(commonly known as Electronic Levy or E-levy) is a tax applied on transactions made on electronic or digital platforms.
On 17 November 2021, Ken Ofori- Atta said the Government of Ghana decided to tax all electronic in the informal sector to cover the tax net. He made this known in the 2022 budget statement and economic policy that was read in the parliament of Ghana.
1.75% is the rate of the E-levy which the Government decided to apply on all transactions.Ken Ofori-Atta said it could raise about $1.15billion which will widen the tax net.
By Afia Owusu/Myxyzonline.com|Ghana